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Well despite today's red arrows on the markets -- history repeats itself we should be seeing some green arrows for Sox coming up next week after the three day weekend.
According to the stock traders' almanac the two days post Memorial Day for the past seventeen years.
Have all been updates for the S and -- our next guest says that markets are looking good here and around the world for the foreseeable future.
Streaming out Greece is still yet Britain our -- chief investment officer party and is good to see you again -- you're on Fox Business back in September talking about.
Global markets but -- we've had a heck of a run in US markets how do you bounce the -- -- Right thank you Cheryl thanks for having me back yes they develop markets have really been not.
The story here of the last six to nine months.
As opposed to the emerging markets.
That said certainly some in the developed markets and -- Europe have performed fairly well since that time I was on back in September but it really has been.
My tape if you will of the US market US equity markets doing extremely well during that period of time.
You're talking about European companies that have global presence you could also make the same.
Argument for US multinationals those names that have emerging market presence that -- McDonald's that your PepsiCo's.
Except her except her and how -- -- play this mean these are you a kind of an index person or do you like to still -- -- Well we do a little bit of both -- we do like to select companies the last time I was on back in September.
I talked about you know lever which is based in Europe by domicile in Europe but.
More than 50% of its goods into the emerging markets.
Lie and the really the theme was the fact that it's domicile in Europe and was handed that -- time and particularly.
With a very negative brush and the other way we'd like to participate is and through.
Through mutual funds that we think we like actively managed mutual funds at that point and mentioned.
It was -- international strategic fund which is actually perform quite well.
A very strong and I fundamental.
Research process very well diversified.
And surely your point really owns companies that in -- are multinational and -- sell to those markets that are growing.
You really are making that emerging that front tier players how is that gets back saying it is also great moneymaker especially delicate emerging markets even -- GM just -- the index.
You gained 14% over the last year ever looking at a couple of new pixie like an emerging Oppenheimer you like migrate medical international certainly playing that global population growth.
As well so we're getting those up and asking your -- -- something else kind of power in the markets -- -- the here's the obvious.
That is the Fed that is the stimulus 85 billion dollars a month -- would be getting since they made that decision last year but now let's talk about tapering and that some.
You know -- market participants a little bit nervous that they pull away too soon if we hit six point 5% unemployment that they're -- back off are you worried about that moment.
Cheryl and Brevard trust for -- worry at all and done a couple things number one on Wednesday and chairman Bernanke stated that that you fed wanted to be very careful about.
Premature tightening so they are very much.
Cognizant of really what you just said number two.
And you pointed out they've already stated that they want to see the unemployment level it's six and a half percent so we have a little ways to go there so.
They're getting very careful about god taking and taking their hands off this if you want to call it that.
-- and when they do I think it'll be good sign they're going to be very focused on economic releases a very driven obviously by.
By release is as opposed to buy -- other issues pond so when they -- begin to this tapering processor which is.
In very well advertised.
I it'll be a sign that they have some confidence that employment is improving -- unarmed man is improving and we're -- we're -- on the way.
Dozen cars -- have put up my leg a minor medical up 31% of the western had to get that -- -- what are your newer picks and your past picks and also performed as well.
-- so it's good to have you on the show again.
Thank you Sheryl have a great day weekend.
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